Originally Posted By: George
Ah, I see Mr. Travis using the always reliable Herbert Hoover Playbook! I think this is where Santayana's classic: "Those who cannot remember the past are condemned to repeat it" comes in. A teensy bit arcane (and only if you can stand yet another -- auugggghhhhh! -- Krugman reference) re 1937:

http://krugman.blogs.nytimes.com/2012/10/11/a-global-1937/


I've read Krugman on 1937 and 2009 in the past and find his argument politically stupid. You just doubled the size of government during a depression over a four year period...try that one today. Just few more dollars and it everything would have worked. The fact is he has no proof that it would have worked because the money was not allocated.

What is the reliable Hoover Playbook? Tell me because I don't know what you are talking about.

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